WTF?

06.13.13

Japan Stocks Sink

Big declines in Japanese stocks continued, as the Nikkei index fell a stunning 6 percent on the day. What gives? Foreign investors who rushed into the rapidly booming Japanese market have apparently realized that stocks there can set as well as rise. Investors are also beginning to question whether Abenomics (the new economic policy of easy money, cheaper yen, and reform) is actually working to promote growth.